Overview of Madipur, New Delhi

Position

Madipur is in West Delhi, India, and it's part of the bigger Punjabi Bagh area. It's pretty easy to get to different parts of the city.

Property Rates

• The average price per square foot in Madipur moves around, but now it's about Rs. 15,534 per sq.ft.
• Yet, other info suggests an average rate of just Rs. 4,444 per sq.ft, showing possible changes or differences in the data.

Property Types and Price Range

• For Sale:

  • 2 BHK apartments cost between Rs. 12 Lac to Rs. 12 Lac.
  • Multistorey apartments come with different prices, depending on size, amenities, and the spot within Madipur.

• For Rent:

  • From unfurnished to semi-furnished options.
  • An unfurnished 2800 Sq.Ft property can be rented for ₹ 3.6 L. While a semi-furnished one at 550 Sq.Yd costs about ₹ 2.5 L.

Amenities and Infrastructure

• Being in a developed area of West Delhi, Madipur has easy access to local markets, schools, hospitals, and more.
• It's also near big transport points, making it great for travelers.

Market Trends

• Property values in Madipur and nearby areas such as Uttam Nagar and Vikas Puri have risen the past year. Specifically, Uttam Nagar had a 14.1% rise in property rates on a year-to-year basis.

Strengths and Weaknesses

Benefits

• Ease of Access: Madipur, in West Delhi, provides good connections to city-wide areas.
• Amenities: Plenty of places, like schools, hospitals, and local shops.
• Rising Market: Property values in this spot and neighboring areas have been going up a lot recently.

Drawbacks

• Price Changes: There's some inconsistency in quoted property prices, which could signal market instability or different data sources.
• Lack of Detail: There might not be much thorough info on specific property types or precise trends in one place.

PropertyWala's Verdict

Madipur, New Delhi, is a good place for buyers and renters looking to invest. With its good location, helpful amenities, and rising property prices, it's a great choice. But keep in mind the differences in property price info and do good research. Overall, it's a place to think about for real estate due to the good mix of convenience, facilities, and growth.